Topic: [ANN]ASICMiner Publicly Looking for Potential Customers/Partners for New Chips - page 3. (Read 54971 times)

Check the specs from rockminers testing. They have hashing samples in hand.

To be clear about the specs

SP = 4w/7gh = 0.58w/gh
AM = 6.37w/11.5gh = 0.55w/gh

Do you disagree that raised value =/= total company value?

I'll spell it out for you; why a company does an Initial Public Offering;

The purpose of an Initial Public Offering is to raise funds and to set the value of all shares.
Public shares are given a value, relative to the full amount of shares available, and the desired overall value sought by the company.
'Private' shares may be shares held by the company, or offered to VC's, or other investors at the value relative to the share value within the IPO.
In this, these shares are part of the IPO (in actual fact, in this case, the most part)
Overall value is calculated by public shares + private shares. Both types of shares are still valid in that 'Initial Public Offering.'

I reiterate - the IPO for rockminer was set out to raise around 7600BTC 7500BTC

what part of this sentence do you find difficulty in understanding? and please, refrain from personal attacks in future.

Do you talk shit just for the sake of talking shit?

wrong, I have valued remaining shares at the same value of the IPO shares, you have simply ZERO-valued them.
I seriously hope that you do not run a business.

and the IPO for rockminer was set out to raise around 7600BTC

the difference in system performance between ones that utilise 0.58w/gh asics and those for 0.55w/gh aren't significant, and the final system power consumption 'at the wall' will also depend on other factors like how efficient the power supply used, the cooling system, the dc/dc conversion circuitry, the controller etc... so they're pretty much equal at the asic level and may well be equal at the wall too (except spondoolies is already shipping).. and we know that spondoolies has done the rest system design efficiently, and we don't yet know who the system integrators for asicminer's asics will be nor how efficient their systems will be 'at the wall', but lets presume they're about the same.

Check the specs from rockminers testing. They have hashing samples in hand.

To be clear about the specs

SP = 4w/7gh = 0.58w/gh
AM = 6.37w/11.5gh = 0.55w/gh

You have mistaken total shares with IPO.

You cannot be seriously stating that the remaining 60,000 shares have ZERO value?
we are talking about IPO value are we not..? I've reread it and unless you have some sensible reason to ZERO-value 60,000 shares in an IPO then you need to simply accept the overall value, as I have stated in the first instance, was indeed 7500BTC - please advise the VC's or company bigwigs that their remaining 60,000 shares are totally worthless, because I wouldn't dare to think it (but of course, you may be right, who am I to argue?)

Please reread what you've quoted.

go buy a calculator. 

Are we comparing power consumption at chip level or system level? You see to mix things up. Please show me proof where AM chips need 0.55W/GH. I haven't see it until now even if they have chips for almost one month now. Very nice derailing, stating that there is no chip that has that w/GH then saying that Spondoolies chip is half GH per chip but no mention of power consumption. Very smooth, but also very noticeably. Spondoolies chip is 0.8W/GH at system level and also 0.58W/Gh at chip level. And they are hashing since March. I don't see any AM chip in the wild hashing right now.

Please explain how that "proves" that you're right? From what's been posted, there isn't anything that indicates as such. Have you heard the phrase "the absence of evidence is not the evidence of absence" before? In other words, just because it cannot be proven/verified, it doesn't mean it's completely false. Your own statements say "I don't believe that $50M will be invested into mining in 2 months." At this moment, we all don't know and everything that's been posted is only conjecture and nothing more. The majority of those in favor of AM do not have facts to confirm that those funds will be present when the hardware is available, just as you do not to verify your own claims. No one has been proven right currently, only time will tell.

Is there another chip with less than 0.55w/gh? Spondoolies is half the GH per chip and bitfury rev2 is something like 0.7w/gh.

So according to you

15,000 ipo shares at 0.1 per = 7500btc?

And 7gh> 12gh?

Is this not spreading misinformation?

Share Structure:
Total: 75,000 shares
Public Offering: 15,000 shares
IPO Price: 0.1BTC~0.15BTC/share （Favorable Price for the 1st week: 0.10BTC/share)

I have spread no such thing. What rockminer set out to raise and what they actually raised, were two different figures. Please take proper time to read my comments before thrusting out with irrationality to the debate.
https://bitcointalksearch.org/topic/rockminer-miners-using-gen3-asicminer-chips-528464
also, please accept my apologies,
I merely recalled what I had read and I recalled wrong now i revisit the thread - 7600BTC 7500BTC.
it's been a whole month since the thread.

I find it interesting that regardless of process node with all of the various ASIC makers working independently, in this present generation not one really stands out in the crowd as being tremendously more efficient. It gives the appearance that they may be encountering similar issues with power reduction and there may be physical limitations at play. If one were to extrapolate meaning out of this assumption, it would likely equate to lower profitability in future generations of ASICs as the demand to replace ASICs would be less since although more efficient, they may cost significantly more than ones who's R&D is already covered. I'm hesitant to speculate on the profitability of a forthcoming chip achieving significantly greater efficiency in order to justify those costs in light of the physical evidence currently out there.

If one looks at what's happening in the market, there used to be a requirement to buy very large scale rigs to obtain the lowest cost/Gh. Bitmain has been able to cut the price on the miners to the extent the S1, a relatively small unit, is at the present moment arguably one of the most cost competitive miners. It demonstrates the ability to sell an inferior ASIC in volume and even incorporate it into small scale miners as long as you can afford to hit a price point on your equipment. It does so in light of what is offered is technically inferior to what others offer.